NEW YORK — The Port Authority of New York and New Jersey unanimously approved a $1.50 toll hike at its six bridges and tunnels this morning hours after the governors of both states spelled out the terms of the increase Thursday night.

Nine of the 12 commissioners were present for the agency's board meeting at its Manhattan headquarters.

Chairman David Samson said the hike was unavoidable due to the drop in revenues suffered by the agency amid the lagging economy.

Samson acknowledged the burden the increase would place on commuters and notes that along with the increase, the board also approved a review of the agency's finances.

PATH fares will also increase by $1 at a rate of 25 cents per year for four years. Trucks also face an increase. Cars and truck drivers will both pay a penalty for using cash.

Prior to the vote several supporters and opponents of the hike expressed their views in sometimes strongly worded language.